21, BROOM LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4QP - £487,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 BROOM LANE is a very large extended detached house of 162m², built sometime between 1930 and 1949. It was last sold for £487,500 in July 2021, which was around 96% above the average July 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

21 BROOM LANE Sold Prices

Land registry data shows three sales for 21 BROOM LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 21 BROOM LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 20 JUL	£487,500	£248,406	96% above HPI
2020 28 FEB	£450,000	£230,666	95% above HPI
2017 7 DEC	£254,000	£231,783	10% above HPI

21 BROOM LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 21 BROOM LANE sales between December 2017 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2020 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the July 2021 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is 21 BROOM LANE?

21 BROOM LANE is 162m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 20% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 21 BROOM LANE lies on this distribution: 81% of detached houses are smaller than 21 BROOM LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Whickham.

21 BROOM LANE: Plot and Title Map

21 BROOM LANE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 21 BROOM LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 21 BROOM LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 21 BROOM LANE?

21 BROOM LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 21 on BROOM LANE.